# Arca

> Arca is a Los Angeles-founded investment manager built to give sophisticated and institutional investors professionally managed exposure to digital assets. Its SEC-registered advisory entities manage private and registered products, while Arca Labs develops blockchain-based investment structures such as the Arca U.S. Treasury Fund and its digitally issued shares, ArCoin. The company combines fundamental token research, trading, risk controls, education and product engineering, and expanded its investment platform by absorbing BlockTower's non-venture business in April 2025.

- **Founded:** 2018
- **Headquarters:** Los Angeles, United States
- **Founders:** Rayne Steinberg (CEO and Co-Founder), Jeff Dorman (CIO and Co-Founder), Phil Liu (Chief Legal Officer and Co-Founder)
- **Team size:** Approximately 65 employees were reported in November 2024; third-party business data supplied for this profile lists 96 employees, so the current figure is best treated as approximate.
- **Products:** Arca Digital Assets Fund, Arca U.S. Treasury Fund and ArCoin, Arca Digital Yield Fund, Arca Endeavor Fund I, Arca NFT Fund I
- **Notable:** Launched the Arca Digital Assets Fund in August 2018., Introduced the Arca U.S. Treasury Fund in 2020, described by the company as the first registered '40 Act fund to issue shares as digital asset securities., Raised a $10 million Series A led by RRE Ventures in January 2021.

## Products & services

- **Arca Digital Assets Fund** — The flagship actively managed strategy invests across liquid tokens and related instruments, using fundamental research, portfolio construction and risk management.
- **Arca U.S. Treasury Fund and ArCoin** — A registered closed-end interval fund investing primarily in U.S. Treasuries and issuing its shares as digital asset securities called ArCoin to approved investors.
- **Arca Digital Yield Fund** — An actively managed strategy designed to pursue market-neutral, lower-beta income opportunities across digital-asset markets.
- **Arca Endeavor Fund I** — An early-stage venture fund investing in blockchain companies and pre-launch token projects across DeFi, gaming, Web3 infrastructure and financial services.
- **Arca NFT Fund I** — A specialist fund formed to invest in NFTs, ecosystem tokens and related companies; it closed at a $50 million cap and was limited to existing Arca limited partners.
- **Blockchain Transferred Fund architecture** — Arca Labs' framework for registered pooled funds whose ownership shares are issued and transferred as blockchain-based digital securities.
- **Digital-asset research and education** — Weekly market commentary, valuation frameworks, webinars, newsletters and the Between2Chains interview series for professional investors.
- **Expanded liquid and real-world-asset strategies** — The April 2025 BlockTower transaction brought its flagship liquid-crypto and credit/real-world-asset capabilities under the Arca brand; BlockTower's venture unit remained independent.

## Achievements

- Launched the Arca Digital Assets Fund in August 2018.
- Introduced the Arca U.S. Treasury Fund in 2020, described by the company as the first registered '40 Act fund to issue shares as digital asset securities.
- Raised a $10 million Series A led by RRE Ventures in January 2021.
- Reported more than $500 million in assets under management in the third quarter of 2021.
- Closed the oversubscribed Endeavor Fund above its $30 million cap in October 2021.
- Closed the NFT Fund at its $50 million cap in February 2022, with participation limited to existing Arca LPs.
- Built a public research library covering token valuation, governance, DeFi, tokenization and market structure.
- Completed the integration of BlockTower's non-venture business under the Arca brand on April 30, 2025.

## Latest updates

- **2026-07** — CIO Jeff Dorman published “Eight Years Later,” revisiting nearly 400 weekly market essays and Arca's long-running theses on tokenization, stablecoins and value accrual.
- **2025-04** — BlockTower's non-venture business officially became Arca on April 30, completing the combination announced in late 2024.
- **2024-11** — Arca and BlockTower announced an all-equity combination covering BlockTower's liquid and real-world-asset strategies, while its venture business remained independent.
- **2024-07** — Arca and Securitize announced expanded secondary-market infrastructure related to the Arca U.S. Treasury Fund's digital shares.
- **2024-04** — Arca announced Anchorage Digital as a custody provider supporting the Arca U.S. Treasury Fund and ArCoin.

## Links

- Website: https://www.ar.ca
- LinkedIn: https://www.linkedin.com/company/arcafinance
- Twitter/X: https://x.com/arca
- YouTube: https://www.youtube.com/c/Arcafinance

---

Profile page: https://yespress.io/arca
Published by YesPress — https://yespress.io
Last updated: 2026-08-12